Convergence of Greek Economy with the EU and Some Comparisons with Polish Experience
AbstractThe paper aims to analyze economic situation in Greece and in Poland with comparison to the European Union. The basis for the analysis has been made by the theory of economic convergence. The newest statistical data concerning GDP per inhabitant were used in the study. In the analysed countries only for time series approach both unconditional and conditional convergence between the countries was confirmed, i.e. GDP per inhabitant in Greece, Poland and both the EU sections were co integrated. The results of the test for integration and co integration based on the panel data did not support the unconditional convergence.
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Bibliographic InfoArticle provided by European Research Studies Journal in its journal European Research Studies Journal.
Volume (Year): XIII (2010)
Issue (Month): 4 ()
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convergence; economic growth; co integration; economic crisis;
Find related papers by JEL classification:
- E0 - Macroeconomics and Monetary Economics - - General
- C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
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